How far off is Magna International Inc. (TSE:MG) from its intrinsic value? Using the most recent financial data, we’ll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion.… Continue reading An Intrinsic Calculation For Magna International Inc. (TSE:MG) Suggests It’s 39% Undervalued
Author: Yarhow_Finance Online News
Earnings growth outpaced the notable 77% return delivered to Linamar (TSE:LNR) shareholders over the last year
While Linamar Corporation (TSE:LNR) shareholders are probably generally happy, the stock hasn’t had particularly good run recently, with the share price falling 13% in the last quarter. But looking back over the last year, the returns have actually been rather pleasing! After all, the share price is up a market-beating 75% in that time. The… Continue reading Earnings growth outpaced the notable 77% return delivered to Linamar (TSE:LNR) shareholders over the last year
Lear to Participate in RBC Capital Markets Global Industrials Conference
SOUTHFIELD, Mich., Aug. 30, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 9, 2021, at the virtual RBC Capital Markets Global Industrials Conference. Jason Cardew, SVP and Chief Financial Officer, will be representing Lear. Lear Corporation Logo. (PRNewsFoto/Lear Corporation)… Continue reading Lear to Participate in RBC Capital Markets Global Industrials Conference
BorgWarner Wins Gold and Silver Brandon Hall Group Excellence Awards
AUBURN HILLS, Mich., Aug. 31, 2021 /PRNewswire/ — BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, won a coveted Brandon Hall Group gold award in the category of Excellence in Diversity, Equity and Inclusion and a silver award in the Excellence in Learning category. BorgWarner’s wins were… Continue reading BorgWarner Wins Gold and Silver Brandon Hall Group Excellence Awards
Better Electric Vehicle Stock: Nio or Lucid Group?
Reuters China’s biggest air show to highlight homegrown technology China’s biggest air show will put its homegrown civil and military aviation technology on display next month, the mayor of host city Zhuhai said on Tuesday, though the closely watched C919 narrowbody jet is not among the listed aerial exhibitions. The biennial China International Aviation and… Continue reading Better Electric Vehicle Stock: Nio or Lucid Group?
Regal Beloit (RBC) Adds VGreen Evo Motor to Century Product Line
Regal Beloit Corporation RBC recently added the new VGreen Evo pool pump motor to its Century Motors product line. The company’s shares gained 1.2% to eventually close the trading session at $152.88 on Friday. Inside the Headlines Regal’s VGreen Evo pool pump motor, which features advanced variable speed technology, is obtainable in both C-face and… Continue reading Regal Beloit (RBC) Adds VGreen Evo Motor to Century Product Line
4 Large-Cap Stocks Expected to Increase Sales 508% to 1,118% by 2024
Motley Fool Is Lucid Group Stock a Buy? Lucid Group (NASDAQ: LCID) has surely caught the attention of electric vehicle (EV) investors. Among automakers that manufacture only EVs, Lucid Group’s market capitalization, of nearly $37 billion, is behind only those of Tesla and Nio. To begin with, the company’s first product, the Lucid Air, claims… Continue reading 4 Large-Cap Stocks Expected to Increase Sales 508% to 1,118% by 2024
Lordstown Surges 24% on Naming Former Icahn Executive Ninivaggi as CEO
By Dhirendra Tripathi Investing.com – Lordstown Motors stock (NASDAQ:RIDE) soared 24% Thursday after the beleaguered electric vehicle maker announced the appointment of a former Icahn Enterprises executive as its chief executive officer. Daniel Ninivaggi is the former CEO of Icahn Enterprises, a diversified holding company controlled by billionaire investor Carl C. Icahn. He has held… Continue reading Lordstown Surges 24% on Naming Former Icahn Executive Ninivaggi as CEO
Rexnord (RXN) Up 22.2% in Past 3 Months: What’s Driving the Rally?
Rexnord Corporation’s RXN performance has been impressive over the past three months, which is evident from a 22.2% increase in its share price. Presence across diversified end markets, healthy demand for products, buyouts, footprint-repositioning programs and strong capital-allocation strategies supported positive market sentiments for the company. The Milwaukee, WI-based company, with $7.3 billion of market… Continue reading Rexnord (RXN) Up 22.2% in Past 3 Months: What’s Driving the Rally?
Top Industrial Stocks for September 2021
Motley Fool Why Nordstrom Stock Crashed Today Shares of Nordstrom (NYSE: JWN) plunged 17.6% on Wednesday, following the release of the retailer’s second-quarter financial report. Revenue from Nordstrom’s namesake brand surged 127%, while sales for its Nordstrom Rack brand increased 61%. “We capitalized on improving customer demand with focused execution, healthy inventory sell-through, and continued expense… Continue reading Top Industrial Stocks for September 2021